DEMURRAGE refers to the charges that are levied by an operator when a charterer keeps an aircraft after the completion of the flight. For example, if an aircraft is chartered for two flights with a week intervening, an aircraft may remain or lay over at the destination. The charterer will pay demurrage charges for every day that this aircraft remains at the charterer’s destination without returning home.
By admin|2018-01-31T10:12:26+00:00January 31st, 2018|Comments Off on DEMURRAGE
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